India’s medical textiles market is set to experience robust growth throughout the forecast period of 2023 to 2028. Year-on-year growth rates are expected to range between 6.6% and 7.9%, underscoring the country’s consistent progress in this dynamic sector. With a compounded annual growth rate (CAGR) of 7.2%, India is outpacing the overall market, solidifying its position as a key player in the global medical textiles landscape. In 2023, India ranked as the 3rd-largest contributor to the global medical textiles market and is projected to retain this position through 2028. During this period, the market will expand from $1,222.7 million in 2023 to an impressive $1,731.9 million in 2028, reflecting a notable incremental growth. India alone will contribute 7.3% to the overall global market growth during this time, showcasing its strategic importance.

In terms of global contribution, India accounted for 6.3% of the medical textiles market in 2023, and this figure is forecasted to increase to 6.6% by 2028. Among the leading markets, India is positioned as the fastest-growing country, driven by rising demand for advanced healthcare solutions, growing awareness of hygiene products, and increasing government focus on the healthcare infrastructure.

India’s growth trajectory highlights its potential to become a dominant force in medical textiles. Its consistent expansion reflects strong domestic manufacturing capabilities, an expanding healthcare sector, and export opportunities catering to global demands for high-quality medical textile products.